VONOY (Vonovia SE) Cyclically Adjusted PS Ratio: 3.05 (As of Sep. 07, 2026) — 39% Below Median

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VONOY Vonovia SE VONOY
60 GF Score
Price $11.05
GF Value $12.84
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Vonovia SE Cyclically Adjusted PS Ratio?

Vonovia SE VONOY -0.81% 60 Cyclically Adjusted PS Ratio is 3.05 as of Sep. 07, 2026, which is 39% below its 10-year median of 4.98. GuruFocus rates VONOY with a GF Score™ of 60/100 and a GF Value™ of $12.84 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,363 Real Estate companies, Vonovia SE ranks worse than 64.27% on this metric.

As of today (2026-09-07), Vonovia SE's current share price is $11.05. Vonovia SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $3.62. Vonovia SE's Cyclically Adjusted PS Ratio for today is 3.05.

The historical rank and industry rank for Vonovia SE's Cyclically Adjusted PS Ratio or its related term are showing as below:

VONOY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3   Med: 4.98   Max: 11.67
Current: 3

During the past years, Vonovia SE's highest Cyclically Adjusted PS Ratio was 11.67. The lowest was 3.00. And the median was 4.98.

VONOY's Cyclically Adjusted PS Ratio is ranked worse than
64.27% of 1363 companies
in the Real Estate industry
Industry Median: 1.81 vs VONOY: 3.00

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Vonovia SE's adjusted revenue per share data for the three months ended in Jun. 2026 was $0.878. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $3.62 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vonovia SE  (OTCPK:VONOY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Vonovia SE Cyclically Adjusted PS Ratio Related Terms


Vonovia SE Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Vonovia SE's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vonovia SE Cyclically Adjusted PS Ratio Chart

Vonovia SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 4.28 5.17 4.89 3.94

Vonovia SE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.88 4.27 3.94 3.40 3.39

VONOY vs CBRE, BEKE, JLL: Cyclically Adjusted PS Ratio Comparison

For the Real Estate Services subindustry, Vonovia SE's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vonovia SE Cyclically Adjusted PS Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Vonovia SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Vonovia SE's Cyclically Adjusted PS Ratio falls into.


VONOY
60GF Score
Vonovia SE VONOY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vonovia SE Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Vonovia SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.05/3.62
=3.05

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vonovia SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Vonovia SE's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.878/131.3638*131.3638
=0.878

Current CPI (Jun. 2026) = 131.3638.

Vonovia SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.505 101.017 0.657
201612 0.492 101.217 0.639
201703 0.542 101.417 0.702
201706 0.566 102.117 0.728
201709 0.588 102.717 0.752
201712 0.584 102.617 0.748
201803 0.606 102.917 0.774
201806 0.699 104.017 0.883
201809 0.744 104.718 0.933
201812 0.709 104.217 0.894
201903 0.620 104.217 0.781
201906 0.651 105.718 0.809
201909 0.631 106.018 0.782
201912 0.743 105.818 0.922
202003 0.658 105.718 0.818
202006 0.692 106.618 0.853
202009 0.724 105.818 0.899
202012 0.789 105.518 0.982
202103 0.741 107.518 0.905
202106 0.899 108.486 1.089
202109 0.903 109.435 1.084
202112 0.860 110.384 1.023
202203 0.857 113.968 0.988
202206 0.964 115.760 1.094
202209 0.939 118.818 1.038
202212 0.807 119.345 0.888
202303 0.908 122.402 0.974
202306 0.972 123.140 1.037
202309 0.796 124.195 0.842
202312 0.677 123.773 0.719
202403 0.870 125.038 0.914
202406 0.854 125.882 0.891
202409 0.947 126.198 0.986
202412 1.227 127.041 1.269
202503 0.899 127.779 0.924
202506 0.954 128.412 0.976
202509 0.940 129.255 0.955
202512 0.801 129.361 0.813
202603 0.895 131.258 0.896
202606 0.878 131.364 0.878

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 3.05 mean?
Vonovia SE (VONOY) has a Cyclically Adjusted PS Ratio of 3.05 as of Sep. 07, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Vonovia SE and its competitors. This is 39% below median its historical median of 4.98. Over the past decade, Vonovia SE's Cyclically Adjusted PS Ratio has ranged from 3.00 to 11.67. According to the industry distribution chart, Vonovia SE ranks #876 out of 1363 companies in the Real Estate industry, placing it in the top 64.3%.
Is Vonovia SE's Cyclically Adjusted PS Ratio too high?
Vonovia SE's current Cyclically Adjusted PS Ratio of 3.05 is 39% below median its 10-year median of 4.98. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 11.67. The Real Estate industry median Cyclically Adjusted PS Ratio is 1.81. Vonovia SE's value of 3.05 is 68.5% above this industry median. Based on the distribution chart, Vonovia SE ranks #876 out of 1363 companies in the Real Estate industry, which is below the industry midpoint. Overall, Vonovia SE has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vonovia SE's Cyclically Adjusted PS Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Vonovia SE ranks #876 out of 1363 companies for Cyclically Adjusted PS Ratio. This places Vonovia SE in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Vonovia SE's value of 3.05 is 68.5% above this benchmark. Historically, Vonovia SE's own Cyclically Adjusted PS Ratio has ranged from 3.00 to 11.67 over the past decade. While the company's 10-year median is 4.98 vs. the industry median of 1.81, Vonovia SE has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Real Estate company?
The median Cyclically Adjusted PS Ratio among Real Estate companies is 1.81, based on 1,363 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vonovia SE's current Cyclically Adjusted PS Ratio of 3.05 is 68.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Vonovia SE and its competitors. For the Real Estate industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vonovia SE's current Cyclically Adjusted PS Ratio is 3.05, which is 39% below median its own 10-year median of 4.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vonovia SE stock overvalued right now?
Based on GuruFocus' analysis, Vonovia SE (VONOY) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.84, compared to a current price of $11.05 — trading 13.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.05, which is 39% below median its 10-year median of 4.98 and 68.5% above the Real Estate industry median of 1.81. Vonovia SE's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Vonovia SE (VONOY), the current Cyclically Adjusted PS Ratio is 3.05 as of Sep. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vonovia SE (VONOY) Overvalued in 2026?

Based on GuruFocus' analysis, Vonovia SE stock appears to be undervalued. The current stock price of $11.05 is trading 13.9% below its estimated GF Value™ of $12.84. GuruFocus considers Vonovia SE to be Modestly Undervalued.

Key valuation signals for VONOY:

  • Cyclically Adjusted PS Ratio: 3.05 (39% below median its 10-year median of 4.98)
  • GF Value™: $12.84 vs. price of $11.05 (13.9% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 68.5% above the Real Estate median (#876 of 1363)

No single metric tells the full story. See the VONOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vonovia SE Business Description

Address Universitatsstrasse 133, Bochum, DEU, 44803
Vonovia SE is a residential real estate company based out of Germany. It owns and manages a multitude of residential units in many German cities and regions. The company makes long-term investments in the maintenance, modernization, and senior-friendly conversion of its properties. In addition to conducting property management, it handles financing, service, and coordination tasks. The company manages its operations through four business segments; Rental, Value-add, Recurring Sales, and Development. Maximum revenue is generated from the Rental segment, which combines all of the business activities that are aimed at the value-enhancing management of its residential real estate. It includes the company's property management activities in Germany, Austria, and Sweden.
60GF Score

Get the complete analysis for VONOY

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.05
Price
$12.84
GF Value